This paper estimates the extent to which the supply of new housing is restricted by land use regulations using a panel of California cities from 1970–1995. While land use regulation [...]
This study analyzes the effect of a downzoning policy on both the probability and the density of residential development using a difference-in-differences (DID) approach. Spatially explicit panel data on subdivisions [...]
The housing shortage not only is costly for people renting or buying homes, but it also weakens California’s economy as a whole. We calculate that the housing shortage costs the [...]
As the nation has become more diverse, our neighborhoods, cities, metropolitan areas, and rural communities have strained to keep up. Some have accommodated change well. But for many it has [...]
Single-room occupancy housing (SROs) used to be a readily available affordable housing type in New York City. SRO units typically consisted of a private room with access to full bathroom [...]
New York City needs lots of additional private housing, but restrictive regulations make building it difficult. The city also requires better subways and buses, but the Metropolitan Transportation Authority (MTA), [...]
And then there is displacement, fear of which looms large in the local imagination. As New York City has grown more desirable, it has experienced net population growth. While large [...]
Transit-oriented development around Metrorail stations on both private and public land has direct benefit to Metro. Specifically, the greater the density and walkability of development near and around transit, the [...]
This paper presents new evidence on house price determination and the extent to which house prices are set in an efficient asset market. It begins by sketching three nonexclusive explanations [...]
Wolfe wrote in the Village Voice that “to take their theory to its logical conclusion would be to develop Central Park. . . . When you consider the thousands and [...]